International Trade Operations Essay Example | Topics and Well Written Essays - 1250 words

International Trade Operations - Essay Example Different countries enter into free trade agreements and there are different international trade organizations which support and promote free trade. Different school of thoughts have different perceptions and viewpoints about the free trade. According to one school of thought it is beneficial for overall growth and development of the different countries of the world. On the other hand, according to the second school of thought free trade is only beneficial for the developed and rich countries (Fridell, 2010). The supporters of the free trade are of the view point that it results in increasing competition and thus lower the prices. Apart from this, it results in increasing innovation and new products because of the competition. The domestic companies no more have monopoly in the market because of the government support like subsidies and quotas (Fridell, 2010). Fair trade means that the organizations indulge in trade by paying the legal and fair prices to the producers of the goods in different developing countries. The concept of fair trade is being promoted in order to make sure that all producers are paid the appropriate price for their hard work. Fair trade results in equity in international trade and works for the development of appropriate trading and working conditions in developing countries (Archer & Fritsch, 2010). The concept of fair trade generated from the fact that in some developing countries the working conditions are not appropriate and producers are ready to sell their products at low costs. This in turn results in damaging the working conditions more and benefits the organizations buying the products at low costs (Archer & Fritsch, 2010). For this purpose there are fair trade certifications. These certifications make sure that the products being traded are produced keep in consideration the standards and regulations regarding labor,

Marketing Essay Example | Topics and Well Written Essays - 250 words - 65

Marketing - Essay Example A SWOT analysis of the project illustrates that the availability of resources as defined by the budget will allow an investment on the project a success and able to meet goals. Additionally a marketing plan will allow the market to be aware of the service and interested in using it. In addition, there are opportunities in the market for future expansion. However the internal environment within the organization such as corporate culture and management strategies would determine the success of the project. There is a need for conducting an elaborate market research so that the willingness of the market to purchase, their needs and financial capabilities can be determined so that accurate objectives and goals of marketing and implementing the project can be designed. The marketing strategies will involve a competitive approach where technology is employed in achieving effective marketing communication for the mobile mammogram service. More importantly the 4 Ps as market variables will b e analyzed so that they would be implemented effectively in ensuring success of the marketing process for the mobile mammogram service within the target

Nursing Essay Example | Topics and Well Written Essays - 500 words - 12

Nursing - Essay Example Notably, nursing practice entails numerous responsibilities and workers need time for adequate rest because of the nature of the job. Moreover, there is a need for a proper compensation for the services in terms of a decent pay (Snow, 2008). However, my current employer does not seem to realize that the organization has not considered salary increment for over 6 years now. During this period, the responsibilities accorded to workers have increased immensely. With many workers expressing their discontent concerning the poor labor practices, there is a need to address the issue promptly. This paper will describe the most appropriate approach to solving the problem. The best approach for addressing the ensuing problem of being overworked and underpaid is by tabling down an outline of all the grievances of the nurses at the health center. In this outline, the nurses will indicate the number of hours they put in on a daily basis, the numerous tasks they are expected to handle each day, and outline the pay they receive for such work. In addition to such an outline, the nurses will also indicate the number of additional staff required to take up some of the responsibilities in an effort to ease the overworking (Snow, 2008). The outline will also indicate the expected pay, compensation, and benefits that each nurse deserves for the work they do. In an effort to ascertain that being overworked and underpaid is a threat to the performance of the health center, the nurses will describe the negative effects resulting from the poor labor practices. There is evidence that many of the nurses are suffering from depression due to work related causes. In addi tion, the nurses are discouraged, and they have been registering numerous eras in their work because of the depression and lack of motivation (‘US nurses overworked, underpaid-and in demand’, 2012). Moreover, the outline presented will also indicate

Property law learning portfolio task( about equity and transfer of Essay

Property law learning portfolio task( about equity and transfer of property) - Essay Example and its associates lay claim to based on the previous transactions between MTII and the companies involved in this litigation. Although, MTII does not reveal any intricate procedure for maintaining equitable interests in the title to oil it holds on behalf of other companies, there could be a case here for the creation of â€Å"trust† from which all other companies can financially gain from. Based on this important observation, the differences and similarities in the transfers of property and the creation of trust can be highlighted bearing in mind that the, (i) the laws applied in the case attempts to establish the doctrine of equities and equitable interests of all the parties involved in the deal; (ii) it is not â€Å"sufficiently certain† that MTII has any 2 directives to turn the title to oil it holds into any form of â€Å"trust property† that could be accessed by all parties. These issues make this case one of strategic interest. 2. These are three other k ey cases that could be used to establish â€Å"authority† in the areas of outright property transfers and the creation of trust. In Jackson & Ors v Thakrar & Ors [2007] EWHC 2173 (TCC) (10 October 2007), the Thakrar & Ors were suing for their shares in the property managed by Jackson & Ors, who had helped to undertake the accounting procedures of the trust company but failed to supervise the outright transfers of the shares to Thakrar & Ors. In JD Wetherspoon Plc v Van De Berg & Co Ltd & Ors [2009] EWHC 639 (Ch) (31 March 2009), JD Wetherspoon was suing for the property (stock) held by the defendants and were not equitably transferred before one of the defendants collapsed in May, 2008. In Agip (Africa) Ltd. v Kingsley & Ors [1990] EWCA Civ 2 (21 December 1990), Agip sued for the return or transfer of its financial property that was fraudulently acquired by a former employee, forcing the companies that participated in the process to be held responsible for this act, which leg ally contravenes the laws of equity. These three cases are able to show how important the doctrine or principle of equities is, and how they could be applied in court cases to assure that none of the parties is disadvantaged during the transactions or thereafter. 3. Using secondary sources like a journal and a textbook, I noticed that it is important to understand that when one or more members of a group or party have been exposed to some disadvantages in the process of property transfers, such an action 3 has undermined the principle of equity, which requires that every member or part of a group should be accorded similar considerations without breaking any law or order (Raff, 2006; Nygaard et al., 2007). Every property is recognized as having an owner at a particular period of time, and this legal title of this property belongs to the owner who may want to sell or transfer the title to another person (Raff, 2006; Nygaard et al., 2007). For this to occur, there must be transactiona l agreements among the parties. Hence, these agreements are guided by laws and statutes of the jurisdictions where the agreements took place to forestall

Importance of Emotion and Alignment Paper Essay Example | Topics and Well Written Essays - 750 words

Importance of Emotion and Alignment Paper - Essay Example However, the culture clash was expected to be between the French way of leadership and his new Japanese employees. The Japanese were conservative and this made Ghosn to accept their culture and operate their way. The financial situations at Nissan forced the management to bring Ghosn so that he could make some difference. Supporters and critics built confidence in Ghosn in circumstances when Nissan had a lot of losses that led to more debts of about $22 billion. The situation led to consumers developing a weakened mind about the brand of Nissan (Millikin, & Fu, 2005). Also, the products’ portfolio consisted fully of older models than what the other competitors had. It was for Ghosn to understand the atmosphere and use it to bring change to the company. Ghosn instilled fear into people by declaring his wish to step down in case Nissan fails to meet the target. Happiness was felt after just eighteen months in charge, and it led to shock to both supporters critics when Nissan started to make profit. The people around Ghosn started to practice transparency since they believed what the leader says, and also think is right. The owners of Michelin felt threatened and denied any one especially Ghosn a chance to be the president of the firm on the ground that it was a family-run company. Therefore, Ghosn understood their denial emotion and decided to resign so that he can make a change somewhere else. Moreover, Renault had confidence in Ghosn and he used that trust to build his empire and became the Executive Vice President. The top and middle management personnel at Renault nicknamed Ghosn â€Å"Le Cost-Killer†. He was given that name because of his hard work in improving cost efficiency by focusing on increasing margin. The management appreciated Ghosn and gave him the role of Nissan COO when Nissan formed an alliance with Renault. The trust built in Ghosn was enough to turn things around faster the same way it was done

Individual Assigment Essay Example for Free

Individual Assigment Essay Narration: The world of technology has evolved over the years, and that means the need for technology has increased as well. Businesses have evolved over time with the use of technology, it allows us to shop, sell, trade, and function overseas. As I read over your business plan it seems that it is designed to compete in the local market, as well as add value to the community. Technology will play a huge part in both, it allows you to create and implement a plan that will help increase profit and customer satisfaction. As your business will compete in the local market, you will need to consider implementing Enterprise 2.0 or Web 2.0. Both Enterprise 2.0 and Web 2.0 offer many benefits to help your company succeed and grow with the ever changing economy and local market, both will allow your company to widen your market from county to county, state to state and even other countries. Enterprise 2.0 The attributes of Enterprise 2.0 practices can be very useful and sufficient in brainstorming, sharing, and evaluating ideas by utilizing enterprise social networking. Enterprise 2.0 helps business decrease IT costs by decreasing the amount of hardware and software that is needed (McAfee, 2010). Enterprise 2.0 would be a good asset to your business, it would keep it cost down and allow the marketing that you need to be competitive in your local market. Web 2.0 Web 2.0 also has many beneficial factors that would also be a good asset to your company, it includes social networking sites that would create great marketing tools, it allows you to create website which can also be a great tool for marketing and it allows you the user to be in control over the data  used. Web 2.0 offer rich user experience, user participation, scalability, and freedom. Web 2.0 offers a wide variety of marketing tools as well as creating a safe and valuable way to increase profit, and safe guard your assets (McAfee, 2010). .

Macroenvironmantal forces: Banking industry

Macroenvironmantal forces: Banking industry Social forces include the demographic characteristics of the population and its value. Demographic Age structure One important trend is the shifting age structure of the worlds population, as aging is now a phenomenon realized by people around the world. Households and Family The number of households has been growing, as the household size has correspondingly been declining. Also, there appears to be an increase in the number of double-income family. Population Shifts As a result of the over-development and congestion of the city center, previously rural area are been urbanized which caused large proportions of Asian population reallocated from city centers to suburbs. Shifts from home to foreign countries are also common. Culture A second social force, culture, incorporates the set of values, ideas and attitudes that are learned and shared among the members of a group. The changing attitudes and Roles of Men and Women Research suggests that the majority or adults today believe men and women should equally share most responsibilities. Beliefs, Values and Habits The values of the population change with the demographics of the people who hold these values. People who are more educated live a busy lifestyle which indicates that they place great importance on efficiency and the up-to-date information. The increasing median age population implies the majority would be more mature when allocating incomes. The increase in the number of double-income couples results in growing emphasis on the togetherness of a family which implies higher values on leisure time spent as family. A change in consumption orientation is also apparent. Today, and for the foreseeable future, value consciousness will drive consumption behavior. Economic and Regulatory Forces The economy pertains to the income, expenditures, and resources that affect the cost of running a business and household. Regulation consists of restrictions that laws in different Asian countries place on business with regard to the conduct of its activities. Business and Consumer Expectations Of particular concern at the macroeconomic level is the inflationary or recessionary state of the economy. During the most recent financial crisis started in 2007, the banking industry suffered huge losses. Although a lot of signs indicate that the economy is recovering, people nowadays are still not so confident about the future. Liberalization As a result of globalization, liberalization in trade and investment is encouraged in order to facilitate international interactions in economic and social arenas by diplomatic coordination of regulations and standards. As a result, the economy is more dynamic and efficient which becomes easier for countries to attract foreign direct investment. Increasing Regulations on Banking Industry Due to the financial crisis, many countries are establishing more regulations that decrease the potential to earn profits from investments and other activities at banks in order to protect both the customers and the banks. Technological Forces Technology refers to inventions or innovations from applied science or engineering research. Each new wave of technological innovation can replace existing products and companies. Electronic Business Technologies In the past two decades, consumers are becoming much more reliant on online management of their bank accounts as the number of homes and businesses enjoying broadband access to the Internet has reached true mass-market scope. With the increasing worlds cellphone subscriber base, the lower phone prices and the expand of cellular service, a truly revolutionary wave of mobile phones that can manage financial accounts is slowly taking root all over the world. However, with the sophistication of the Internet has arisen the issue of cyber security, another technological change to which the banking industry has had to respond. Implication Obviously, the indication of an aging population has brought about substantial growth in savings and retirement plans. Smaller households and double-income families lead to higher discretionary incomes that can be saved or invested. Thus, in the banking industry, marketers should offer more savings and investment account options which enables consumers to select the most appropriate plan that can be personalized to best suit themselves. Due to the unique attitudes, ancestry, communication preferences and lifestyles of different groups according to generation cohorts, genders and so on, the banking industry may develop different marketing programs. As, the technology develops, banks should consider offering a comprehensive range of services, such as viewing and making transactions, paying bills, online and by cell phone in order to provide convenience for customers so as to gain customers. Moreover, for customers accounts safety, banks should create more secure systems and give instructions on how to protect ones account. Considering population shifts, establishing more branches properly with regard to the bank size and target customers would be a wise choice. One important strategy can be offering customers foreign currency accounts responding to the increase in foreign currency use. Another noteworthy strategy would be developing online savings accounts for the teenagers due to the increasing level of education. From this, banks can further educate the youth and encourage financial management, and develop future loyalty customers Banks should develop low-risk investment programs as people are still not so confident about the future economy. An era of much lower risk-taking by traditional lenders has begun that will last for years. As consumers are becoming more value conscious, the banking industry will become more competitive. Banks have to compete on value of their services in order to get customers who are requiring more transparency when choosing product. Greatly increased regulatory oversight will restrict lenders and investment companies of all types. Alternative lending sources will be used to a growing degree by small businesses and some consumers unable to get loans elsewhere. 2. Responses and comments: Maybank has done the following in response to the macroenvironmental changes. Deciding whether the response is appropriate or not, we need to consider whether there are needs and wants for it, whether it is targeting the right group , whether there are points of difference, and whether Maybank would be more likely to reach its goal by performing the response. Offering a number of savings and investment account options such as the Gold Savings Passbook Account and Flexi Plan 2. This response is appropriate as it responded to growth in savings and retirement plans. Moreover, different options can cater to different group of people which will broaden the banks target customers. Pioneering online savings accounts for the teenage market by developing the imteen account. imteen account is a good idea as through Multi-tiered interest rate, Passbookless, Convenient ATM access, Online access, Free Personal Accident (PA) coverage, Academic Cash rewards, Maybank will attract parents who want their children(12-18y) to learn to manage their finance with small risk, and earn future customers. Establishing branches throughout Asia region as well as the world. As Maybanks businesses are mainly in South East Asia, it is not advisable for it to launch a lot of branches outside Asia as it will not be profitable in the short run. In addition, since the world is still in the shadow of crisis, Maybank should focus more on regain trusts from customers instead of expanding its businesses quickly. Developing the low-maintenance Premier Club account for individuals who are constantly on the go This response is appropriate since it satisfies the needs of people who are busy and in need of current events and situations. Offering its customers its range of foreign currency accounts which minimize the risk of foreign exchange rate fluctuations. This action is appropriate as it sets clear targeted segments and tries to satisfy their needs and wants of exchanging foreign currency easily and frequently. Offering a comprehensive range of services that is accessible online while implementing the Transaction Authorisation Code system to create a more secure environment. These responses are obviously right as they meet customers needs and wants of making transactions and other services online conveniently and safely. Offering many services accessible by cell phone. Using M-money to conduct services which is promoted to be secure and convenient. Maybank needs to be careful when implementing the technology. Although mobile banking makes banking services possible everywhere, there are still a lot of challenges. Firstly, Maybank have to find ways to satisfy customers with different mobile phones since it is very difficult for banks to offer mobile banking solution on any type of device. Secondly, security of financial transactions, being executed from remote locations and transmission over the air, need to be addressed jointly by mobile application developers, wireless network service providers and the banks IT departments. Thirdly, another challenge for Maybank is to scale-up the mobile banking infrastructure to handle exponential growth of the customer base as banks unable to meet the customers increasing expectations from the solution may lose customer confidence. Other responses: Responding to the changing attitudes and roles of men and women, Maybank should develop banking services catering to both genders. As indicated in the textbook, in Singapore, the United Overseas Bank launched a credit card just for ladies under the advertising theme, The Men Dont Get It. Maybank should expand its female customer group by providing special services like promotions on spa, shopping, dining, and travelling and so on. The trend of value consciousness leads to Maybank analyzing the market more carefully. Maybe it should add low-fee credit cards in response to this new orientation. In order to earn money and minimize the risk when lending, Maybank should try to develop new ways to make loans to customers. For example, enabling lending by and between members of lending clubs, or between friends and family. 3. Some of the macroenvironmental forces affecting other industries are the similar to those in the banking industry, while some are different. Similarities: For social environment, demographic forces nearly affect every industry greatly. For example, age structure will influence clothing industry by deciding what styles of clothes to produce, and will impact food industry on their strategy about what aspect should they concentrate on, tastes, calorie, or eating environment. It will also affect computer industry by customers needs and wants changing among different age groups. With regard to economic forces, globalization is an important trend. It has led to the rise of massive multinational food processing companies, which often sell their foods under local names in local languages, after producing them in regional factories worldwide. Due to globalization, more and more local clothes brands are known to the world and design, production, and selling can be done in different countries. The Computer industry is a truly globalized sector, where research, development and manufacturing of components and systems have grown in the labs and manufacturing plants of mainly Asia countries. When it comes to political environment, political risks matter similarly to almost all industries, as they need licenses, protection for properties in foreign countries, and avoidance of social unrest. In terms of technology forces, almost every industry is affected greatly nowadays. In clothing industry, the sweeping change in apparel retailing is the rising success of e-commerce which increases efficiency. Meanwhile, in food industry, technology has revolutionized the way that we grow, transport, process, package, purchase and cook food. There is no difference in banking industry as indicated above. Most importantly, technology is essential to computer industry, not only because of its own development, but also the other corresponding techniques such as Wi-Fi, and Internet appliances. Differences: From my point of view, all macroenvironmental forces will affect all industries. The difference lies in to what extend they affect the industry. Some may be tiny and marketers do not need to change strategies, some may huge which force marketers to respond. As for political environment, different laws impact differently to different industries. On one hand, Patent law, copyright law and other related laws are very important to many industries as they give inventors or author the right to protect their intellectual properties. It is especially important in computer industry, as the core of InfoTech is creation and wisdom. Also, in clothing industry, the increasing emphasis on copyright would prevent others from copying the design. However the effect would not be so significant in banking and food industry. On the other hand, the laws and regulations considering health are very crucial to food industry. Considering social forces, culture plays an important role in many industries. However, they may not be as powerful in banking industries as they are in other industries. For food industry, peoples purchases of food largely depend on their eating habits. Nevertheless, as people are paying more attention to health and fitness, it may need to change its focus from taste to lower calorie or full nutrition. In clothing industry, culture mainly determines what a group of people would wear. Also, as the increase concern on health, people have developed a keen interest in sports apparel and workout gear. On the other hand, for banking and computer industries, the effect of culture may not be that significant. Implication: Before making decisions on market strategies, marketers should first carry out a careful environmental scanning analyzing the main forces that affect the industry significantly and that should concentrate on. It is also advisable for marketers to notice all the other insignificant forces in case as the society develops, they become significant enough to affect the industry. Legal Positivism and Morality | An Analysis Legal Positivism and Morality | An Analysis There is no necessary connection between law and morality; and (2) legal validity is determined ultimately by reference to certain basic social facts and the main line of natural law theories that no sharp distinction can be drawn between law and morality The connection between morality and law is one of the biggest questions of jurisprudence. It has become the dispute between natural law and legal positivism and has created a many ways how to think about the scope of legal enforcement. Here we meet with two philosophical directions which are standing on opposite border against each other. Morality is very flexible, changing by generation. If there is any idea of changing a law, it takes hundred years to do it. Law and morality is every so often being connected. Right now, the countries base its laws on morals. Morality deals with question of correctness where on the other side laws are based on question of ethics. Law is characterized by specific people or by a society whereas morals are universal. The basic idea from which morals come is the concept of human rights. Laws are supposed to guarantee human rights but many fail to do so and restrict them. In my opinion I more tend to legal positivism. There are two basic values or reasons for that decision. First, all law are required to be written, where positivism make sure that the government will follow stated rules and apprise the members of society of their rights and obligations. In a legal system run according with positivist tenets, litigants would never be unfairly surprised by the government imposition of an un written legal obligation that was previously unknown. Second, positivism control judicial discretion. In some cases judges are not satisfied with the outcome of a case that would be decided by narrow law. For example, some judges may not want to allow a landlord to move out old and sick woman in the middle of winter, even if the law allows such action when rent is overdue. However, positivism requires judges to decide cases in accordance with the law. One of known philosopher Thomas Aquinas distinguishes four types of law-human, divine, eternal, and natural-as follows: A, Human law-an ordinance of reason for the common good promulgated by him who has the care of the community. B, Eternal law-Gods plan for all of creation. C, Natural law-The part of eternal law that applies to human beings; it is Gods plan for us. Natural law can be differenced by human reason, and it concludes in the correct moral principles. E.g. it is never permissible intentionally to kill an innocent human being, and one must never intend what is evil, even as a means to achieving a good or avoiding a bad result are natural laws, in Aquinass view. D, Divine law-the part of eternal law that God uncovers to us human beings via Scripture. If something is against natural law, then its against divine law as well. But some concepts, primarily of a religious nature, are oppositely to divine law but not natural law. For example, natural reason and natural law tell us that the God exists. But it is only through divine revelation that we can know that baptism, membership in the Christian church, etc. are necessary for our salvation. Aquinas insists that human laws are genuine laws only if they do not contradict either natural or divine law. Other Philosopher John Austin has definition of law as followed: a rule laid down for the guidance of an intelligent being by an intelligent being having power over him. There are two kinds of law: positive law (rules commanded by political superiors to their inferiors) and divine law (rules that God commands all human beings to follow). Law is commands, which Austin see as an expression of a wish by someone who has the willingness and ability to enforce compliance. (If you cannot or will not harm me in case I comply not with your wish, the expression of your wish is not a command.) Unlike Thomas Aquinas, John Austin does not make any differences between divine and natural law. Austin thinks that Gods commands to us are the true morality. Austin distinguishes divine law/the true morality from positive morality, or the beliefs about whats right/wrong, just/unjust that are held by the majority of people in some society. The positive morality of our society is right as it agree with divine law and incorrect insofar as it deviates from it. It does not have any value that Austin had an unorthodox view of the content of divine law. Austin believed that God commands us to be utility maximizes, making utilitarianism the true morality. Positive laws are driven by political superiors. John Austin calls these superiors the sovereign, and he defines sovereign as the person or persons who are not in the habit of obeying anyone else, and who everyone else is in the habit of obeying. Positive laws are general commands by people who themselves are not bound by them, and who can enforce obedience from everyone else. I dont really match with either of these philosophers ideas but if I should to tend to one of their views it would be the one of John Austins for a reason of his division of laws.